The competition is open to all high-caliber overseas talents and projects regardless of nationality (To apply, please send the business plan to [email protected] or apply online: http://www.svief.org/apply). It will offer generous awards totaling RMB 9,120,000 to the winners. Individual competitors can be awarded up to RMB 1,250,000 (government subsidies and venture capital investment not included).

60 venture capital institutions will build a venture capital pool amounting to RMB 700 million for portfolio investment in winning projects. All entries can be linked with the service platform via corresponding competition investment and gain outside investment opportunities.